Copper Rate In Pakistan Today | Per Kg, Scrap

Copper, a versatile and essential metal, plays a crucial role in Pakistan’s construction, electrical, and industrial sectors. As a commodity with fluctuating global and local prices, understanding the current copper rates in Pakistan is vital for businesses, investors, and consumers.

Current Copper Prices in Pakistan (May 2024)

According to the latest market data, the copper rates in Pakistan as of May 2024 are as follows:

New Copper Price:

Rs. 2,400 to Rs. 2,550 per kg
Rs. 31,00,000 to Rs. 32,00,000 per metric ton

Scrap Copper Price:

Rs. 1,660 to Rs. 1,970 per kg
Rs. 21,00,000 to Rs. 22,00,000 per metric ton

It’s important to note that these prices are market-based and subject to variations. Consumers are advised to make purchasing decisions based on the prevailing rates in their local markets.

Top Copper Brands in Pakistan

A diverse range of reputable brands and suppliers serves Pakistan’s copper market. Some of the notable names include:

  1. Musleh Trading
  2. Ganar International
  3. Pearl Cables and Conductors
  4. PM Engineering
  5. Future Traders
  6. Orient Trading Company
  7. Ali and Company
  8. Atta Steel and Copper Industries
  9. Bushra Enterprises
  10. Mian Mohammad Feroze and Sons Enterprises
  11. Petro Sourcing
  12. Mirza Traders
  13. System Electrical and General Equipment
  14. Maaz 360 Private Limited
  15. Copper World
  16. MM Enterprises
  17. Trading Strings

Factors Influencing Copper Prices in Pakistan

Several factors contribute to the fluctuations in copper prices within the Pakistani market:

  1. Supply and Demand Dynamics: Population growth, urbanization, and industrialization in Pakistan drive the demand for copper, while factors like mining operations, environmental regulations, and geopolitical events influence the supply.
  2. Infrastructure Development: The government’s focus on improving infrastructure, such as the China-Pakistan Economic Corridor (CPEC) project, significantly impacts the demand for copper-based products and materials.
  3. Global Economic Conditions: Factors like global economic growth, inflation, trade policies, and geopolitical events can have a direct impact on copper prices in Pakistan, as it is a globally traded commodity.

Scrap Copper and Silver Prices in Pakistan (2024)

In addition to the prices for new copper, the scrap copper market in Pakistan also plays a vital role. Here are the average scrap copper prices per kilogram as of May 2024:

Scrap Copper TypeAverage Price per Kg
Tamba CopperRs. 2,300
Desi Armature CopperRs. 2,270
Burtan TambaRs. 2,060
Tanda TambaRs. 1,920
Lal PetalBurton Tamba
PetalRs. 1,480
Petal Motor BankarRs. 1,580
Petal RadiatorRs. 1,340

Conclusion

The copper market in Pakistan remains a vital component of the country’s industrial and construction sectors. By monitoring the latest new and scrap copper rates, stakeholders can make informed decisions and develop effective strategies to navigate the dynamic landscape of copper pricing in Pakistan.

Q1. Why is copper important in Pakistan?

Copper is an essential metal in Pakistan, used extensively in the construction, electrical, transportation, and telecommunications industries due to its unique properties and versatility.

Q2. How are copper prices determined in Pakistan?

Copper prices in Pakistan are primarily influenced by factors such as supply and demand dynamics, infrastructure development, and global economic conditions. The local market prices are subject to fluctuations based on these factors.

Q3. What are the common copper brands available in Pakistan?

Some of the notable copper brands and suppliers in Pakistan include Musleh Trading, Ganar International, Pearl Cables and Conductors, PM Engineering, Future Traders, and many others.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top